Pacific National Bank Provides $11 Million Acquisition Loan To Green Street In Williamsburg, Brooklyn

The development site located at 536 Metropolitan Avenue, 546 Metropolitan Avenue, 554 Metropolitan Avenue, and 558-562 Metropolitan Avenue in Williamsburg, Brooklyn encompasses 97,152 BSF and 72,864 SF. The acquisition loan granted amounts to $11,000,000, facilitated by Pacific National Bank.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,000,000
• Lender: Pacific National Bank
• Loan Officer: Angela Mulder ([email protected])
• Landlord: Green Street
• Broker: Jonathan Bodner

The transaction includes key representatives such as Angela Mulder, who acts as the loan officer for the lender, and broker Jonathan Bodner, who facilitated the loan process. The parties involved are structured around the acquisition of the development site, emphasizing the roles and responsibilities held in this closed transaction.